The Virginia Beach, Va. amphitheater has a new name. Multiple media outlets reported the music venue has been renamed Farm Bureau Live at Virginia Beach. The concert venue’s naming rights were sold to Virginia Farm Bureau Insurance for an unspecified …
Insurance companies are taking to the Internet to combat auto insurance fraud in Florida. The Property Casualty Insurers Association of American has launched www.InsuranceFraudUncovered.com, a Web site designed to highlight Florida’s problems with auto personal injury protection — or PIP– …
New York state regulators face their first test soon in their accounting fraud lawsuit against Ernst & Young LLP over its role as auditor for Lehman Brothers Holdings Inc. The first major government legal action stemming from Lehman’s 2008 bankruptcy …
New Zealand rescuers said on Thursday they held grave fears for more than 200 people still missing as the death toll from an earthquake reached 98 after searchers pulled dozens of bodies from a Christchurch television building now turned into …
Royal Bank of Scotland’s high bad debt charges in Ireland and a drop in investment banking income overshadowed the bank’s return to profit in the final months of 2010. Stephen Hester, chief executive of the partly nationalised bank, said on …
A bumper equity issue from Aegon and a disappointing dividend from Allianz stirred fresh fears about European insurers’ capital strength on Thursday, weighing on their shares. The capital-boosting measures by Allianz and Aegon suggest the industry is worried Europe’s Solvency …
Bailed-out insurer American International Group Inc. could post another multibillion-dollar loss when it reports fourth-quarter results on Thursday, but the real question is how well its surviving life and property businesses did in a tough market. AIG said earlier this …
The Chartis insurers have increased net and treaty capacity for construction projects from $100 million to $125 million from the Global Marine and Energy Property unit of its Global Marine and Energy Division. This capacity will be available on a …
West Virginia’s volunteer fire departments are turning to state lawmakers for help with insurance and recruitment. A bipartisan House bill introduced this week would tap liquor revenues to provide $5 million a year for these volunteer departments. Most West Virginia …
The median six-month auto insurance rate in California has decreased approximately 3.1 percent over the past 12 months to reach $809 according to InsWeb. Over the same 12-month period, the national median auto insurance rate has declined approximately 5.6 percent …
